Taxes can hit small business owners hard, and have a dramatic impact on their bottom line. However, there are some steps you can take as a small business owner, to reduce your tax bill, and hang onto more of what you’ve earned. Working with a corporate tax accountant...
Unless you’re a tax professional as well as a small business owner or self-employed person, it’s unlikely that you’ll know enough about tax-saving strategies to be able to put any of them into practice, to potentially reduce your tax bill. The reality is though, that...
Providing a snapshot on any given day of a business’s financial picture, an accounting statement known as a balance sheet – or statement of financial position – lists all a company’s assets, from long-term ones like goodwill, buildings, plant and...
For business owners in Surrey, whether they’re newbies to the world of entrepreneurship, or have been running successful companies for years, taxes never get any easier to understand, particularly when it comes to Harmonized Sales Tax (HST), and the Goods and Services...
There are numerous advantages to becoming a small business owner, and 1.2 million Canadians are busy reaping them as this is being written. Being able to set your own schedule, choose who you work with, and steer the business in whatever direction you see fit, makes...
Many small businesses in Canada are run entirely by their owners, including day-to-day operations, and managing the finances. With respect to the latter, this may be due to budgetary constraints, or the mistaken belief that bookkeeping and accounting are simple tasks...
